Rule 20:06:21:81 Long-term care policies -- Policy amendments.
20:06:21:81. Long-term care policies -- Policy amendments.
No long-term care policy, certificate, or contract may be amended or benefits
reduced pursuant to § 20:06:21:86 to:
(1) Reduce the nursing home
benefit to less than one year;
(2) Reduce or delete
benefits for assisted living in a manner not consistent with
§§ 20:06:21:50 and 20:06:21:51; or
(3) Reduce or delete
benefits for home health care in a manner not consistent with
A policy, certificate, or contract
issued prior to July 1, 2007, may be exchanged by amendment or endorsement to
become a long-term care partnership policy provided that the requirements of
this chapter are met with the endorsed or amended policy. The endorsements or
amendments must identify the policy, certificate, or contract as required by §§ 20:06:21:77 and 20:06:21:78.
33 SDR 230, effective July 2, 2007; 34 SDR 88, effective September 10, 2007.
Authority: SDCL 58-17B-4.
Implemented: SDCL 28-6-38, 58-17B-4.
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